MINISTRY OF CONSUMERAFFAIRS, FOOD AND PUBLIC DISTRIBUTION

(Department of Food and Public Distribution)

NOTIFICATION

New Delhi, the 6th December, 2001

G.S.R.886(E).— In exercise of the powers conferred by section 9 of the Sugar

Development Fund Act, 1982 (4 of 1982), the Central Government hereby makes the following rules

further to amend the Sugar Development Fund Rules, 1983 namely : -

(1)

These rules may be called the Sugar Development Fund (Second Amendment) Rules,

2001

(2)

They shall come into force on the date of their publication in the Official Gazette.

In the Sugar Development Fund Rules, 1983 (hereinafter referred to as the said rules), in rule

19, after sub-rule (13), the following sub-rule shall be inserted, namely :-

" (13 A) Maintenance of funds received by way of subsidy towards interest, storage and

insurance and utilisation thereof;

(a)

Every occupier of a sugar factory shall set apart the amount, if any received from the

Central Government by way of subsidy towards interest, storage and insurance on the

quantity of buffer stock of sugar and credit the amount so set apart to a separate account with

his banker with whom he has a separate account under clause (a) of sub-rule (13), for the

purpose provided in clause (b) of this sub-rule.

(b)

The amount credited to the separate account shall not be used by the said occupier for

any purpose other than for payment of price, payable for the sugarcane purchased by the

sugar factory;

Provided that where the State Government Authority/officer furnishes a certificate in

Form VI to the banker referred to in clause (a) above to the effect that the concerned sugar

factory has no sugarcane price dues including arrears of price outstanding against it on the

date of credit of the amount of subsidy towards interest, storage and insurance into the

separate account, the bank may allow the said occupier to use the said amount for any other

purpose under intimation to the Central Government."

33-<?)<-xJ !*••' — 2 -

THE GAZETTE OF INDIA : EXTRAORDINARY

|PARTH—SEC. 3(i)]

In the said rules for Form V, the following shall be substituted, namely ;-

FORM-V

[Rule 19 (16)]

Form for claiming payment of subsidy towards, interest and storage and insurance charges for

buffer stock of sugar for the period

from

quarter ending

(Quantity to be indicated in

quintals and amount in rupees)

Name and address of the sugar undertaking

Reference

number

and

date

communications)

from

Central

Government/Chief Director communicating

total quantity

of sugar to be

maintained as buffer stock

Gradewise

and

sugar

year-wise

quantity of sugar to be segregated

and

stored

buffer

stock.

Gradewise and sugar year-wise quantity of

sugar actually segregated and stored as

buffer stock.

Period-wise details of quantity of sugar

segregated and stored as buffer stock

Additional credit (margin money) received

from the Bank on buffer stock

Amount received with date of receipt

Amount out of (a) kept in separate Bank

Account with number of the Account

Amount out of (b) actually utilised for

payment of cane price

Balance [(b) minus (c)] at the close of last

date of the period/quarter of the claim

Reasons for non-utilisation of the amount at

(d)

Period

Quantity

From

5. A

Particulars of the insurance policy under

which the buffer stock is insured

(1)

Name and address of the Insurance

Company

(2)

Number of Insurance Policy

(3)

Period of Insurance

(4)

Risks covered

(5)

Godown No(s) where the buffer

stock is stored

5.B

Subsidy

towards

interest,

storage

and

insurance

received

from

the

Central

Government on buffer stock

(a)

Amount received with date of receipt

(b)

Amount of (a) kept in separate Bank

Account with number of the Account

(c)

Amount out of (b) actually utilised

for payment of cane price

(d)

Balance [(b) minus (c)J at the close

of quarter of claim/last date of claim

(e)

Reasons

for

non-utilisation

amount in (d)

Rate specified under sub-rule (15) of rule

19 towards

(a)

Interest (percent per annum)

(b)

Storage

and

insurance

charges

(percent per annum)

Period

Ouantit

From

37^S'/&1J-/Jiq'—^

J_2

THE GAZETTE OF INDIA EXTRAORDINARY

[PART 1I-—SEC. 3(i)]

Month

(i)

(ii)

(iii)

Total

Value of sugar provided under sub-rule (15)

of rule 19

Sale realisation

Tariff value

(a)

in rupees per

Quantity disposed

quintal

of in quintals

Average tariff value/weighed average realisation

Rupees per quintal.

8.(i)

(ii)

Calculation of subsidy on account of interest

charges on the buffer stock of sugar

(a)

Amount of interest

Period

Principal amoun

actually paid or

of advance

payable to the bank

for the period

From To

from

(b)

amount calculated under sub-rule

(15) of rule 19

Amount on account of storage and insurance

charges, calculated under sub-rule (15) of

rule 19.

Amount of subsidy claimed

(i)

Interest charges as per item 8 (i) (a)

or 8 (i) (b), whichever is less.

(ii)

Storage and insurance charges as per

item8(ii)

(iii)

Total of (i) and (ii) rounded off to the

nearest rupee, in figures and words.

(b)

Amount of sale realisation

in rupees

Rate of

Amount of

interest

Paid/Payable

10.

Name of the place nearest to the place of the

factory, where the branch of the State Bank

of India dealing with the Demand Drafts

issued by the Reserve Bank of India is

situated.

Signature :

The occupier

Name :

Designation :

Name

and

address

the

Sugar

Undertaking

Place :

Date:

DECLARATION

(1)

I hereby solemnly affirm and declare that the information furnished above is correct and no

information relevant for the purpose of this application has been concealed.

(2)

I hereby undertake to refund to the Central Government such amount of subsidy received by

me, as may be required, if any information furnished above is found to be wrong at any time.

(3)

I hereby declare that all the requirements of the rule 19 have been complied with and that if

subsequently it is found that any provision of that rule has not been complied with, 1

undertake to refund to the Central Government such amount of subsidy received by me, as

may be required by the Central Government.

Signature :

The occupier

Name :

Designation :

Name

and

address

the

Sugar

Undertaking

Place:

Date:

Verification by the Bank which provided credit against buffer stock and with which the occupier of

the sugar factory has opened a separate account under sub-clause (13) (a).

* Certified that the information furnished against items 4, 5 (a), 5 (b) and (d) and 8(i) (a) above is

correct.

THE GAZETTE OF INDIA : EXTRAORDINARY

[PART II—SEC.3(I)1

Certified that the claimant sugar undertaking did not avail of during the quarter oi the period to

which this claim relates any additional bank credit, over and above the normal bank credit, on the

quantity of sugar segregated by it as the buffer stock, as indicated by it against items 3 and 4.

Also certified that the information fiirnished against items 4 and 8(i) (a) is correct.

* Certified that since no sugarcane prices dues were outstanding against the claimant sugar

undertaking during the period of this claim, the undertaking did not open a separate account with this

Bank for depositing therein the amount of the additional credit of Rs

given to it

by this Bank on

on the buffer stock of sugar. However, subsequently the

claimant sugar undertaking opened a separate account (No

) with this bank and

deposited therein Rs

for being utilised for payment of

cane price dues which arose subsequently/may ** arise in future.

Also certified t\?t he information furnished against items 4, 5(a), (b) and (d) and 8 (i) (a) is

correct.

Signature of the Manager of the Bank with his

name, address and seal.

Place :

Date :

Strike out whichever certificate is not applicable

Strike out whichever is not applicable

AND

Verification by the Bank in respect of the subsidy towards interest storage and insurance that has

been credited into a separate account with the Bank.

(i)

Certified that the information furnished against items 4. 5B(a), (b) and (d) and 8(i) (a) above

is correct.

(ii)

Certified that the claimant sugar undertaking has opened a separate bank account number

(date) with this bank and has deposited an amount of

therein on

(date) received by it as subsidy towards

interest, storage and insurance.

Also certified that out of the said amount of Rs

deposited into the said account

have been paid by the claimant sugar undertaking towards cane price dues

including arrears of cane prices.

Also certified that on the basis of the certificate of the State Government Authority/officer dated

(enclosed in original), the claimant sugar undertaking did not have any cane

price dues including arrears of cane prices on the date of crediting the subsidy amount into the

separate bank account and accordingly the claimant sugar undertaking has been allowed to use an

amount of Rs

for any other purpose.

Signature of the Manager of the Bank

with his name, address and seal.

Place

Date :

Certificate by the State Government Authority/officer.

* Certified that the information furnished against item 5(c) and (e) is correct.

* Certified that during the period commencing from the date o the additional Bank credit was

received as indicated against item 5(a) to

(the date on which

period/quarter of this claim ended) no cane price dues were outstanding against the sugar

undertaking.

Place :

Signature :

Name :

Designation and Address

[ To be signed by the District Cane Officer or a Gazetted

Officer of the State Government who is responsible for

enforcement and supervision of payment of price of sugarcane

by the sugar undertaking]

THE GAZETTE OF INDIA . EXTRAORDINARY

[PARTH—SEC, 3(i)1

* Strike out whichever certificate is not applicable.

Certificate by the State Government Authority/Officer in respect of the subsidy towards interest,

storage and insurance.

(i)

Certified that the information furnished against items 5 B (c) and (e) is correct.

(ii)

Certified that during the period from the date the subsidy towards interest, storage and

insurance was received by the claimant sugar undertaking as indicated against items 5B (a) to

(the date on which period/quarter of this claim ended) Rs.

were outstanding against claimant sugar undertaking towards cane

price dues including arrears of cane prices/no cane price dues including arrears of cane prices

were outstanding.

Place :

Date :

Signature :

Name :

[ To be signed by the District Cane Officer/Gazetted Officer of

the State Government who is responsible for supervision of

payment of price of sugarcane by the sugar undertaking]

RECEIPT

Received the sum of Rs

Rupees

Signature (across a Revenue Stamp)

The Occupier

Name :

Designation

Place :

Date:

Name

and

address

the

sugar

undertaking :

After Form V and before "THE SCHEDULE" the following Form VI shall be inserted;

namely :

FORMVT

[Rulel9(13A)(b)]

Certified that during the period ending

(date of crediting the subsidy

amount

into

the

separate

account

)

(bank), no cane price dues including arrears of cane price were

outstanding against

(name and address of the sugar undertaking)

Signature :

Name :

Designation and address :

[ To be signed by the Cane Commissioner or a Gazetted Officer

of the State Government who is responsible for enforcement

and supervision of payment of price of sugarcane by the sugar

undertaking]

IF. No. I-7/2001-SDF1

R. N. DAS. Jt. Secy.

Note : The principal rules were published in the Gazette of India vide No. GSR 752 (E) dated

28.9.83 and subsequently amended vide GSR 817 (E) dated 20.12.84, GSR 838 (E) dated 14.11.85,

GSR 551 (E) dated 6.5.88, GSR 235 (E) dated 24.4.91, GSR 441 (E) dated 28.4.92, GSR 435 (E)

dated 6.5.94, GSR 27 (E) dated 12.1.96, GSR 656 (E) dated 21.11.1997 and GSR 91 (E) dated

12.02.2001.

Printed bv Hie Manager, Oovt. of India Prees, Ring Road, Mayapun, New Delhi-110064

and Published by the Controller of Publications, Delhi-1100J4